diff --git a/README.md b/README.md
index 06fea1f..020d7ed 100644
--- a/README.md
+++ b/README.md
@@ -21,7 +21,7 @@ But in general usage follows standard Stax or SAX API usage.
 | Artifact |  [![Maven Central](https://maven-badges.herokuapp.com/maven-central/com.fasterxml.woodstox/woodstox-core/badge.svg)](https://maven-badges.herokuapp.com/maven-central/com.fasterxml.woodstox/woodstox-core/) |
 | OSS Sponsorship | [![Tidelift](https://tidelift.com/badges/package/maven/com.fasterxml.woodstox:woodstox-core)](https://tidelift.com/subscription/pkg/maven-com-fasterxml-woodstox-woodstox-core?utm_source=maven-com-fasterxml-woodstox-woodstox-core&utm_medium=referral&utm_campaign=readme) |
 | Javadocs | [![Javadoc](https://javadoc.io/badge/com.fasterxml.woodstox/woodstox-core.svg)](http://www.javadoc.io/doc/com.fasterxml.woodstox/woodstox-core)
-| Code coverage (6.x) | [![codecov.io](https://codecov.io/github/FasterXML/woodstox/coverage.svg?branch=master)](https://codecov.io/github/FasterXML/woodstox?branch=master) |
+| Code coverage (7.x) | [![codecov.io](https://codecov.io/github/FasterXML/woodstox/coverage.svg?branch=master)](https://codecov.io/github/FasterXML/woodstox?branch=master) |
 | OpenSSF Score | [![OpenSSF Scorecard](https://api.securityscorecards.dev/projects/github.com/FasterXML/woodstox/badge)](https://securityscorecards.dev/viewer/?uri=github.com/FasterXML/woodstox) |
 
 # Get it!
@@ -33,13 +33,14 @@ Coordinates for this are:
 
 * Group id: `com.fasterxml.woodstox`
 * Artifact id: `woodstox-core`
-* Latest published version: 6.6.1 (2024-02-26)
+* Latest published version: 7.0.0 (2024-06-21)
 
 Note that Maven id has changed since Woodstox 4.x but API is still compatible (despite nominal major version upgrade -- major version upgrades in this case were only due to package coordinate changes)
 
 ## Requirements
 
-Woodstox 5 and above require Java 6 (JDK 1.6); as well as Stax API that is included in JDK.
+Woodstox 7 and above require Java 8; Woodstox 5 and above require Java 6 (JDK 1.6).
+All versions also require Stax API that is included in JDK (since Java 6).
 The only other mandatory dependency is [Stax2 API](../../../stax2-api), extended API implemented
 by Woodstox and some other Stax implementations (like [Aalto](../../../aalto-xml).
 
diff --git a/pom.xml b/pom.xml
index 3c9bb62..0e14be3 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,12 +4,12 @@
     <parent>
       <groupId>com.fasterxml</groupId>
       <artifactId>oss-parent</artifactId>
-      <version>59</version>
+      <version>60</version>
     </parent>
 
     <groupId>com.fasterxml.woodstox</groupId>
     <artifactId>woodstox-core</artifactId>
-    <version>7.0.1-SNAPSHOT</version>
+    <version>7.1.0-SNAPSHOT</version>
     <packaging>bundle</packaging>
     <name>Woodstox</name>
     <description>Woodstox is a high-performance XML processor that implements Stax (JSR-173),
diff --git a/release-notes/VERSION b/release-notes/VERSION
index d2760b2..1a9e42c 100644
--- a/release-notes/VERSION
+++ b/release-notes/VERSION
@@ -4,7 +4,7 @@ Project: woodstox
 === Releases ===
 ------------------------------------------------------------------------
 
-Not yet released:
+7.1.0 (not yet released)
 
 #209: SAXParser: Add support for `LexicalHandler.startEntity()` and `.endEntity()`
  (contributed by Philipp N)